Cost Accountant

About the role

The Cost Accountant is responsible for inventory control, cost accounting, financial reporting support, inventory reconciliations, and selected accounts receivable activities. This role helps ensure accurate inventory records, reliable product costing, and compliance with accounting principles and company policies.

Responsibilities

• Develop, implement, manage, and continuously improve inventory control procedures to ensure accurate inventory records and valuation.
• Reliably and accurately establish and maintain costs for manufactured and purchased finished goods, including material, labor, and overhead components.
• Manage selected customer accounts within the accounts receivable collection process by monitoring outstanding balances, helping resolve payment issues, and communicating account status as needed.
• Assist in evaluating the financial impact of changes in product design, raw materials, supplier pricing, and manufacturing processes on product costs and margins.
• Assist with physical inventories and monitor the cycle count program, including researching discrepancies and supporting corrective actions.
• Work closely with Purchasing to proactively identify, analyze, and report supplier and material price changes and their impact on product costs.
• Participate in month-end and year-end close processes, including inventory and cost-related reconciliations, analysis, and journal entries as required.
• Prepare ad hoc financial and management reports by collecting, analyzing, and summarizing account information, operational data, and trends.
• Assist with annual financial audits by preparing schedules, documentation, reconciliations, and supporting information.
• Identify and recommend improvements to accounting, costing, inventory, and reporting systems and procedures, and help implement approved changes.
• Maintain financial security and data integrity by following established internal controls and developing additional controls where necessary.
• Support accounting, financial analysis, and related projects as needed.

Qualifications

• Thorough knowledge of accounting procedures.
• Knowledge and understanding of financial accounting statements.
• Experience with general ledger functions.
• Advanced Microsoft Excel skills, including spreadsheets, formulas, data analysis, and reporting; proficiency with Microsoft Word and Outlook.
• Strong aptitude for numbers.
• Strong analytical skills.
• Accuracy with attention to detail.
• Self-motivated, with the ability to apply business judgment and financial knowledge to solve problems.
• Strong work ethic, with the ability to work independently and as part of a team.
• Strong verbal and written communication skills, with the ability to communicate effectively with all levels of the organization.
• Knowledge of Access and SQL, a plus.

Experience

Two years accounting experience in a manufacturing environment.

Education

Bachelor’s degree in Accounting, Finance, or a related field.

Benefits

• 401K plan
• Paid Time Off
• Health Insurance
• Vision Insurance
• Dental Insurance
• Life Insurance